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These days, finding an affordable place to live in the 47102 area can be challenging. Home prices in 47102 are now at a median cost of $124,995, lower than the Indiana average of $232,932.
The average cost of rent is $807/mo in 47102, primarily driven by the current value of real estate in the 47102 area. In 47102, 26.44% of households rent, and 50.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47102 is $4,305 per month. Households that rent pay about 18.75% of their income on rent here. 47102’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 47170, IN: higher priced homes
- 47229, IN: higher priced homes
- 47270, IN: higher priced homes
- 47230, IN: higher priced homes
- 47138, IN: higher priced homes
- 47227, IN: higher priced homes
- 47220, IN: higher priced homes
- 47281, IN: higher priced homes
- 47243, IN: higher priced homes
- 47231, IN: higher priced homes
Zip Codes with Similar Populations
- 08501, NJ: higher priced homes
- 03835, NH: higher priced homes
- 07401, NJ: higher priced homes
- 06498, CT: higher priced homes
- 49437, MI: higher priced homes
- 44889, OH: higher priced homes
- 45232, OH: equally priced homes
- 46409, IN: less expensive homes
- 49046, MI: higher priced homes
- 49415, MI: higher priced homes
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